Israel-Based Albaad USA Expands Reidsville, North Carolina, Manufacturing Plant

URLhttp://www.areadevelopment.com/newsItems/4-12-2018
SourceArea Development
Date Published04/12/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Albaad USA
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):302
Year reshoring announced:2018
Domestically, the work will be done:In-house
Capital investment ($):45
Country(ies) from which reshored:Israel
City reshored to:Reidsville
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoredWet Wipes and Hygiene Products
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Skilled workforce availability/training
Government Incentive dollar amount:Possibly up to $3 Million over 12 years
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